Senior Real Estate Manager – Utility Transactions

Delmarva Power & Light Co.; Northern (KY); Hybrid; USD 114,000 - 156,000; Full time

Benefits offered by this job

Annual salary depends on experience

Bonus 20%

401(k) match

Medical, dental & vision

Life & disability insurance

Generous paid time off

Employee Assistance Program

Wellbeing programs

Tuition reimbursement

Referral bonus

Job summary

Exelon is seeking a Senior Real Estate Manager to oversee land acquisition and infrastructure leasing activities across the company’s transmission and distribution operations. You will supervise Real Estate Representatives, manage budgets, and coordinate with regulators and partner agencies to ensure compliant, timely transactions.

The role requires extensive real estate experience, strong negotiation and leadership skills, and the ability to drive performance in a complex corporate environment

Qualifications

• Bachelor's Degree and 7-10 years of accomplished real estate experience involving real estate transactions, contract negotiation, property valuation, market analysis, commercial development and finance with Real Estate license.
• In lieu of a Bachelor's Degree, 9-12 years of utility-specific real estate experience.
• Thorough understanding of real estate closing procedures and documentation.
• Exceptional negotiation skills and strong analytical and communication skills.
• Effective performance management skills and demonstrated success as a supervisor or manager.
• Demonstrated success in achieving challenging business goals, assuming leadership role and delivering effective solutions to business problems in a corporate setting.
• Proven ability to build consensus, establish trust, communicate effectively and foster culture change.
• Demonstrated business acumen, customer awareness and ability to create value.

Responsibilities

• Manages the performance of Senior Real Estate Representatives and Real Estate Representatives responsible for acquiring all of the land and rights of way required for Company operations.
• Manages work of real estate acquisition, infrastructure leasing, sale or leasing of real property rights staff to ensure proper allocation of staff resources among assignments and prioritization of work in accordance with the Company's strategic acquisition plan; provides for staff training and career development.
• Provides transactional support as required by direct reports.
• Manages relationships with other business units, governmental/regulatory bodies, transportation agencies and railroads in connection with the execution of real estate acquisition matters.
• Develops, establishes and monitors budgets and financial forecasts for transactions and team projects.
• Remains current on trends and developments in the industry to ensure that processes for executing acquisitions reflects best corporate real estate practices.
• Exercises leadership to maintain a work environment that promotes diversity, safety and a high level of employee commitment.
• Manages the use of external resources to execute acquisition transactions.
• Acts as an expert witness before state regulatory authorities when required for land acquisitions.
• Supervises and performs contract negotiations and document preparation; reviews appraisals, environmental reports, engineering plans and title and property records; supervises and performs all other conveyance and closing activities for real estate acquisitions.
• Reports regularly on the status of acquisitions to the Manager of Real Estate & Facilities.
• Accountable for executing transactions on time and within budget.

Skills

Negotiation

Communication

Leadership

Analytical thinking

Budgeting

Team development

Education

Bachelor's Degree (Real Estate/related)

Real Estate license

Job description

Exelon is seeking a Senior Real Estate Manager to oversee land acquisition and infrastructure leasing activities across the company’s transmission and distribution operations. You will supervise Real Estate Representatives, manage budgets, and coordinate with regulators and partner agencies to ensure compliant, timely transactions.

The role requires extensive real estate experience, strong negotiation and leadership skills, and the ability to drive performance in a complex corporate environment